Chainslab_Analytics

BTC showing signs of reversal

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BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSD daily candle is forming a reversal pattern with 2 hammer candlesticks. This might be a good time to enter a small Short position (maximum 2% of your capital)

Entry: 208xx - 21xxx

Sl: 216xx

Tp1: 20000
Tp2: 185xx-195xx

Meanwhile, BTC.D is also rising, next resistance is 44%. So Shorting Altcoins is another good option. I have opened a few Short positions on BTC, ETH, and BNB. Will see what happens.
Remember, always trade at your own risk, and never risk more than you can afford to lose.






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